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Nov 1, 2012
11/12
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WMPT
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so it's probably no surprise that back in 2005, hurricanes katrina and rita drained the fund and plunged the program $18 billion into debt. it's debt congress planned to forgive, but hasn't yet. that leaves the program on poor financial footing with only about $4 billion worth of funds available for claims related to sandy. >> from what i've seen, this could be a $5 billion to $10 billion flooding event, so more than likely, the program will have to go to congress to get additional borrowing authority. >> reporter: former program administrator david maurstad says the program will probably have to turn to congress for help paying claims. >> it's still an obligation that our government said we're going to have this program-- "you buy a policy, we're going to take care of it." and i have every confidence to believe that that will happen. there will be some mechanics that will be involved, possibly, depending on how large of an event this turns out to be. >> reporter: what could be a bigger problem are the number of people affected who don't have flood insurance. generally, fewer people in t
so it's probably no surprise that back in 2005, hurricanes katrina and rita drained the fund and plunged the program $18 billion into debt. it's debt congress planned to forgive, but hasn't yet. that leaves the program on poor financial footing with only about $4 billion worth of funds available for claims related to sandy. >> from what i've seen, this could be a $5 billion to $10 billion flooding event, so more than likely, the program will have to go to congress to get additional...
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Nov 2, 2012
11/12
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WMPT
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we learned with katrina. we learned with irene. we started with much larger cash supplies than we normally would have, and we've been able to manage that cash supply at a much higher level than we have right now than we've ever had before. >> tom: have you been able to replenish the cash supplies in those a.t.m. machines in a timely manner? >> we have been able to replenish. obviously, there will be an a.t.m. here or there that has a problem, that runs out of cash. there are lines at many of these a.t.m.s in the difficult areas, but even as the longest time, it's within the same day it's replenished. we do have story where's we move cash from one branch to the other to help the branches keep cash. we've beefed up the security force toking in throughout the tristate area. >> tom: frank, let me pull back a little bit from the day-to-day operations and i know you're focused on that. you have waived some bank fees for those affected customers in the region. is that going to be much of an impact when you talk about the fourth quarter bu
we learned with katrina. we learned with irene. we started with much larger cash supplies than we normally would have, and we've been able to manage that cash supply at a much higher level than we have right now than we've ever had before. >> tom: have you been able to replenish the cash supplies in those a.t.m. machines in a timely manner? >> we have been able to replenish. obviously, there will be an a.t.m. here or there that has a problem, that runs out of cash. there are lines...
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Nov 4, 2012
11/12
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FOXNEWSW
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eye 125
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at it quite a big toll. >> probably talking about something close to 70, $80 billion, not as big as katrina but getting in that league. >> so, if it's in that range, professor, you're suggesting this is one of the most expensive storms in american history? >> yeah. it's note the biggest. however, look at where it hit. right smack into the financial center, and then i'm a native new yorker, well familiar with long beach, rockaway beach, long island, the shoreline of new jersey, spending summers there, and those places are vulnerable to this kind of storm, and they're not built for it, and we're seeing communities completely devastated and it's going to be a long process of rebuilding. >> is there an economic stimulus impact, dr., from that activity? the rebuilding. >> absolutely. it's kind of paradoxical. although we're poor because we lost this property, we are going to get a boost to gdp because people will start spending money again they didn't spend this week, but all the rebuilding, we use lots of folks that are unemployed in the construction sector, and we'll use industrial capacity to
at it quite a big toll. >> probably talking about something close to 70, $80 billion, not as big as katrina but getting in that league. >> so, if it's in that range, professor, you're suggesting this is one of the most expensive storms in american history? >> yeah. it's note the biggest. however, look at where it hit. right smack into the financial center, and then i'm a native new yorker, well familiar with long beach, rockaway beach, long island, the shoreline of new jersey,...
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Nov 2, 2012
11/12
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FOXNEWSW
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. >> a lot of criticism of fema back in katrina. today we hear nothing but good about fema. >> i thank craig would lives and breathes this stuff. >>neil: not so fast because all in rescueville is not so great. a lot of the folks they represent would like to kick them in the ass. this is the reality. welcome, everyone, not so happy friday. mr. president, you may want to wait on the "heck of a job" thing because rescue efforts have become heck of a joke for folks in the northeast fuming. because the help isn't coming. in gas. no power. no food. they have had it. >> restaurants and boats and homes are looted. >> the coast guard has not been here to help. >> come here and walk into the streets here. the water is this high. you have to wear the waders. >>neil: that is just on staten island. homes are swamps. motorists are stuck if -- in gas lines, four hours or more if you can find a place to fill in. two-thirds of gas stations even now in new york and new jersey remain shut down. out of juice. out of gas. thousands are fuming, out of po
. >> a lot of criticism of fema back in katrina. today we hear nothing but good about fema. >> i thank craig would lives and breathes this stuff. >>neil: not so fast because all in rescueville is not so great. a lot of the folks they represent would like to kick them in the ass. this is the reality. welcome, everyone, not so happy friday. mr. president, you may want to wait on the "heck of a job" thing because rescue efforts have become heck of a joke for folks in...
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Nov 1, 2012
11/12
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CURRENT
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we're calling fema every other day. >> eliot: if key didn't learn it in katrina, we are learning it now. the romney-ryan budget cuts fema 43%. that's simply outrageous. bad, horrendous public policy. >> and those who advocate that say it can be handled by the private sector. >> eliot: they don't flow what they're talking about. congresswoman carolyn maloney my congresswoman, many thanks for joining me tonight. >> great to see you. >> eliot: other local officials from the storms will join us, and new the one time it's okay for you to miss my show is if that's the only time you can get to a polling place. make sure that voting is your highest priority on election day. besides, you can always dvr my show. you really cant' dvr the future of the country. to help you make informed decisions, watch current tv's politically direct lineup. only on current tv. so vote and vote smart. ♪ just put a little bit of yourself ♪ ♪ in everything you do ♪ [ female announcer ] add your own ingredients to hamburger helper for a fresh take on a quick, delicious meal. it's one box with hundreds of poss
we're calling fema every other day. >> eliot: if key didn't learn it in katrina, we are learning it now. the romney-ryan budget cuts fema 43%. that's simply outrageous. bad, horrendous public policy. >> and those who advocate that say it can be handled by the private sector. >> eliot: they don't flow what they're talking about. congresswoman carolyn maloney my congresswoman, many thanks for joining me tonight. >> great to see you. >> eliot: other local officials...
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Nov 1, 2012
11/12
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CURRENT
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we're calling fema every other day. >> eliot: if key didn't learn it in katrina, we are learning it now. the romney-ryan budget cuts fema 43%. that's simply outrageous. bad, horrendous public policy. >> and those who advocate that say it can be handled by the private sector. >> eliot: they don't flow what they're talking about. congresswoman carolyn maloney my congresswoman, many thanks for joining me tonight. >> great to see you. >> eliot: other local officials from the storms will join us, and new meaning to the republican line we built that. that's next. >> eliot: who built that was the question that framed the election for a month during the convention season. as the republican party tried to mock the sensible and correct argument made by president obama, the government had, in fact, built much of what made our economy tick. from many of the essential pieces of our infrastructure to thethe great public universities that produce ground-breaking technology and funding research and development all of this is what permits and helps our economy to forge ahead. and put aside for the momen
we're calling fema every other day. >> eliot: if key didn't learn it in katrina, we are learning it now. the romney-ryan budget cuts fema 43%. that's simply outrageous. bad, horrendous public policy. >> and those who advocate that say it can be handled by the private sector. >> eliot: they don't flow what they're talking about. congresswoman carolyn maloney my congresswoman, many thanks for joining me tonight. >> great to see you. >> eliot: other local officials...
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Nov 1, 2012
11/12
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KQEH
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it you sad up katrina it was 150 million. it's a big storm and a lot of damage, but less than's katrina. >> susie: quickly, mark, because on friday we have the employment numbers coming out. i'd like your take on that. what are you expecting in terms of new job hings and the unemployment rate? we've created 150,000 jobs a month over the past three years. i expect that's roughly what we'll get. une loyment, as yout, remember, it dips down unexpectedly to 7.8%, i expect that will notch up a tenth or two. i don't think we go over 8%. >> susie: it could notch up a bilt. good information. mark, always a pleasure talking to you. mark zandi. >> thank you. >> tom: still ahead, from downed powerlines, to flooded out utilities, we talk about powering back up after sandy, with the head of nextera energy. >> susie: hurricane sandy has created an energy shock in the northeast, gas pumps aren't working, supplies are tight, and where there is fuel, there are long lines; reminiscent of the 1970's gas shortage. with two jor gasoline refinerie
it you sad up katrina it was 150 million. it's a big storm and a lot of damage, but less than's katrina. >> susie: quickly, mark, because on friday we have the employment numbers coming out. i'd like your take on that. what are you expecting in terms of new job hings and the unemployment rate? we've created 150,000 jobs a month over the past three years. i expect that's roughly what we'll get. une loyment, as yout, remember, it dips down unexpectedly to 7.8%, i expect that will notch up a...
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Nov 4, 2012
11/12
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FOXNEWSW
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not as big ats katrina but getting in that league. >> geraldo: so if it is in that range, professor, you areprof suggesting this is one of the most expensive storms inms american history? >> yeah. biggest.t the however, look at where it hit. right smack into the financiala center. i'm a native new yorker and well familiar with long beach and rockaway beach, long island, the shoreline of newey jersey, spending summers there. and those places are vulnerablu to this kind of storm and they are not really built for it so we are seeing communities come fleetly devastated and it will be a long process of rebuilding. >> geraldo: is there an economic stimulus impact from, that activity, the rebuilding? >> absolutely. it is kind of paradoxical. although we are are poorer because we lost all thisst property we will actually get a boost to gdp, so to speak,di because people will start spending money again that they didn't spend this week.ng but all of the rebuilding will use lots of folks that are unemployed in the construction sector and industrial capacitya to make generators and what have you
not as big ats katrina but getting in that league. >> geraldo: so if it is in that range, professor, you areprof suggesting this is one of the most expensive storms inms american history? >> yeah. biggest.t the however, look at where it hit. right smack into the financiala center. i'm a native new yorker and well familiar with long beach and rockaway beach, long island, the shoreline of newey jersey, spending summers there. and those places are vulnerablu to this kind of storm and...
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Nov 4, 2012
11/12
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FOXNEWSW
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at it quite a big toll. >> probably talking about something close to 70, $80 billion, not as big as katrina but getting in that league. >> so, if it's in that range, professor, you're suggesting this is one of the most expensive storms in american history? >> yeah. it's note the biggest. however, look at where it hit. right smack into the financial center, and then i'm a native new yorker, well familiar with long beach, rockaway beach, long island, the shoreline of new jersey, spending summers there, and those places are vulnerable to this kind of storm, and they're not built for it, and we're seeing communities completely devastated and it's going to be a long process of rebuilding. >> is there an economic stimulus impact, dr., from that activity? the rebuilding. >> absolutely. it's kind of paradoxical. although we're poor because we lost this property, we are going to get a boost to gdp because people will start spending money again they didn't spend this week, but all the rebuilding, we use lots of folks that are unemployed in the construction sector, and we'll use industrial capacity to
at it quite a big toll. >> probably talking about something close to 70, $80 billion, not as big as katrina but getting in that league. >> so, if it's in that range, professor, you're suggesting this is one of the most expensive storms in american history? >> yeah. it's note the biggest. however, look at where it hit. right smack into the financial center, and then i'm a native new yorker, well familiar with long beach, rockaway beach, long island, the shoreline of new jersey,...
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Nov 2, 2012
11/12
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WMPT
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james lee whit, and the tragedy of gorge w bush's administration, fema and michael brown at the time of katrina. barack obama rebuilt it. and we are seeing it it work and respond. >> woodruff: do you think the storm could be making that much of a difference. >> i think the perception and you see activity and you see the chris christie thing. people are saying why is christie doing this, for his own mattal ambitions. >> i don't think there is anything like that when you are the governor of a state, a state you love that is in your heart and soul you feel an intense sense of stewardship. and when it gets wallopped by the storm the poll particulars seems irrelevant at this point. and as christie said, i don't care about the politics. if he is going to help me with my state, he is going to help the people of my state, then i'm grateful and i will work with him. so i think it is as simple as that. and i think he has been perfectly willing to hold the view that he's not a good steward of the economy, not good on budget negotiations but he's good on this. and we worked together on this. i don't think
james lee whit, and the tragedy of gorge w bush's administration, fema and michael brown at the time of katrina. barack obama rebuilt it. and we are seeing it it work and respond. >> woodruff: do you think the storm could be making that much of a difference. >> i think the perception and you see activity and you see the chris christie thing. people are saying why is christie doing this, for his own mattal ambitions. >> i don't think there is anything like that when you are the...
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there have been a lot of comparisons to katrina. and this is something that really does remind me of katrina, emergency officials marking every single house so that other emergency officials who come through can know, are there bodies in here? has it been cleared? the deeper we went on our tour of hell, the more bizarre the scenery became. when the wave came through, they radically reshuffled the deck here. things everybody's worldly possessions way out of play. the boat in the driveway and come over here, take a look at this. we have a jacuzzi in a tree. this is quite extraordinary and reminds me of what one guy we met just a few hours ago said. he asked me a question, he said, who's the boss? and i said, who? and he said, mother nature. but the craziest thing we saw today was donald's house. this is your house right here? >> yeah. yeah, this is my house. it used to be over there. >> reporter: the house, just to put a fine point on this, the house was there -- >> right. >> reporter: and the water pushed it all the way over here. >>
there have been a lot of comparisons to katrina. and this is something that really does remind me of katrina, emergency officials marking every single house so that other emergency officials who come through can know, are there bodies in here? has it been cleared? the deeper we went on our tour of hell, the more bizarre the scenery became. when the wave came through, they radically reshuffled the deck here. things everybody's worldly possessions way out of play. the boat in the driveway and...
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Nov 1, 2012
11/12
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CNBC
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also, i reported post-katrina from the gulf coast in alabama and mississippi, and when we were driving around we were always concerned about being able to find gas but we managed to do so and certainly, again, never saw lines like this. take a look at this. just look over my left shoulder here. these are the lines. this basically is the new reality for drivers in new jersey and some parts of new york. at least for the next several days. >> we did some errands around town, had enough gas. took care of business. and so we fill up for the duration. here we are, stuck in line. >> we got to take diesel fuel oil for our big vacuums we have. it is just a nightmare over there. it is a nightmare everywhere. >> reporter: you don't know how much of a nightmare. it could take you up to three hours here at the vince lombardi rest stop to get gas. the primary reason for the long lines -- lack of power. in new jersey more than 2 million homes or small businesses are without electricity and a lot of those small businesses are gas stations. if they don't have electricity, they can't pump gas leaving so
also, i reported post-katrina from the gulf coast in alabama and mississippi, and when we were driving around we were always concerned about being able to find gas but we managed to do so and certainly, again, never saw lines like this. take a look at this. just look over my left shoulder here. these are the lines. this basically is the new reality for drivers in new jersey and some parts of new york. at least for the next several days. >> we did some errands around town, had enough gas....
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we have to look at the way we build our research right at the end of katrina the streets of new orleans were. what happened was the infrastructure that we built the levees collapsed in your part of the question is what is our infrastructure does or does our subway system allows for us which we depend on to a tremendous amount. is it good enough for the climate we live in and i think what this week is showing us with means there's no places like long island where ninety percent of people don't work for the jersey shore the question is does our electrical grid out of that have that ability to service in a disaster and i think the answer is pretty clearly no and it's really tough here because when you take a look for example of the new york subway this is something i was shocked to learn seven million people a day people coming in and out of different parts of new york of jersey. and of course within you know the island of manhattan of course but one hundred five hundred eight years is a pretty good run to go without having any major disaster of course and now that we have this it certainl
we have to look at the way we build our research right at the end of katrina the streets of new orleans were. what happened was the infrastructure that we built the levees collapsed in your part of the question is what is our infrastructure does or does our subway system allows for us which we depend on to a tremendous amount. is it good enough for the climate we live in and i think what this week is showing us with means there's no places like long island where ninety percent of people don't...
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the damage could hit $50 billion, second only to hurricane katrina. >> dozens of red cross volunteers from the bay area in new york now helping with disaster relief. 50 volunteers on 10 day to three week missions servinging people displaced or without supplies thousands landed in new york providing relief and organization. >> we're working in logistics and immediate yachl we're working in what we call care and shelter and providing high duration and a safe place for people to be. we're looking to support that. >> disney and abc making monday a day of giving for victims of sandy. disney kicking things off with a $2 million donation to the american red cross. ux help by texting to give $10 to the relief efforts. you can donate to the red cross by calling 1-800-help now or by going online to red cross.org/abc. >> economic news, october jobs report is out. candidates using it to try to win over voters before tuesday's election. rates picked up and analysts say that is because more people without jobs started looking for work. 171,000 new jobs were added to the economy. the president seize
the damage could hit $50 billion, second only to hurricane katrina. >> dozens of red cross volunteers from the bay area in new york now helping with disaster relief. 50 volunteers on 10 day to three week missions servinging people displaced or without supplies thousands landed in new york providing relief and organization. >> we're working in logistics and immediate yachl we're working in what we call care and shelter and providing high duration and a safe place for people to be....
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Nov 6, 2012
11/12
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WMAR
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. >> ted is the chairman of california-based fuel relief fund, a charity that brought gas to katrina victims and kerosene to japanese sue gnaw mee victims. in response to superstorm sandy, the organization brought this 9,000-gallon tanker from the west coast to new york passing out limited amounts of free fuel to storm victims. >> being in the petroleum business, we always get bad press. it's -- it's wonderful to be part of good press when it comes to fuel. >> this fuel is meant to power thirsty generators and vehicles, but storm victims themselves need fuel as well for their weary bodies. that's where this group of culinary volunteers come in using a mobile kitchen donated by red rob bit, an organization that usually provides free school meals, they are preparing restaurant-quality food for storm survivors. >> watching everything from a television set in a comfortable living room sa lot different than being out here. when you're out here, you really see the need and the -- and the despair on some of the faces. >> fema is also on site helping provide the basic necessities, including
. >> ted is the chairman of california-based fuel relief fund, a charity that brought gas to katrina victims and kerosene to japanese sue gnaw mee victims. in response to superstorm sandy, the organization brought this 9,000-gallon tanker from the west coast to new york passing out limited amounts of free fuel to storm victims. >> being in the petroleum business, we always get bad press. it's -- it's wonderful to be part of good press when it comes to fuel. >> this fuel is...
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like katrina, three days like katrina, three days out, we're still learning about places receiving very little help and attention, like staten island, ann curry has more. >> reporter: brian, good evening to you, that is right, the outrage boiled over here in staten island, because more than three days after the hurricane here, people from the close-knit community, accused them of responding much slower here than to the richer parts of the city. >> every single person on this block lost everything. >> reporter: staten island has had enough. >> we just want everyone to know that we are hurting down here and we need help, immediately. >> reporter: residents here are asking why hasn't more help arrived? >> i think we're not getting more attention, because we are a working class neighborhood. and it is kind of like fend for yourself kind of thing. >> reporter: on the streets hit with debris, where the death toll has gone up to at least 19, today, the fury was seen live on television. >> but you need to come here and help us, we need help, please. >> reporter: they call it a disgrace. >> they
like katrina, three days like katrina, three days out, we're still learning about places receiving very little help and attention, like staten island, ann curry has more. >> reporter: brian, good evening to you, that is right, the outrage boiled over here in staten island, because more than three days after the hurricane here, people from the close-knit community, accused them of responding much slower here than to the richer parts of the city. >> every single person on this block...
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Nov 1, 2012
11/12
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MSNBC
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it's been coordinated unlike some of what happened in katrina. and you heard governor christie, who is a republican with president obama working together, and that's how it's been from the president, to the governor, to the counties and the towns. one of the things that i did today was talk to fema about trying to get an office and staff person in various parts of the district today, and they're working on it, and with the money that comes to downs for recovery to rebuild board walks or municipal buildings, i think there is a 25% state and local match. so we ask that that be waived. many of the towns are small and can't afford that. so there's a lot of cooperation going on. >> when you're making those calls, someone is answering your call and you're getting responses -- >> i literally called the fema while i walked into the nbc building today and they called me back in ten minutes. >> i know you were personally evacuated, i know you're back without power, good luck to you, stay in touch. >> thank you. >> for reference, this is the sixth district
it's been coordinated unlike some of what happened in katrina. and you heard governor christie, who is a republican with president obama working together, and that's how it's been from the president, to the governor, to the counties and the towns. one of the things that i did today was talk to fema about trying to get an office and staff person in various parts of the district today, and they're working on it, and with the money that comes to downs for recovery to rebuild board walks or...
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112
Nov 1, 2012
11/12
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WUSA
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eye 112
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. >> and in those names when they were particularly destructive, katrina, andrew, that sort of thing. and so now first of all, actually it resides in the hands of the meet logical organization. but mike said that he thinks it will be retired because it also hits jamaica and eastern cuba. and so probably we won't see another sandy. i think that's okay too. >> i think that's enough. >> right. >>> all right, we'll start with a live look outside. this is our live weather cam. that's just about 10 degrees above average. still a couple sprinkles here and there. dew points are in the 30s. the pressure is still rising. 2.9 inches. rising since about tuesday. here is a look at your radar. just a little shower activity, pushing across, well, i-95 and the baltimore washington parkway here. a little bit of the leftover shower is still back here in extreme western fairfax county. but if you are headed up, you know, through laurel, up i-95 towards baltimore, then you will probably have a wet commute on your way home. nothing heavy, but just enough as sandy is still annoying. temperatures, 46 in roc
. >> and in those names when they were particularly destructive, katrina, andrew, that sort of thing. and so now first of all, actually it resides in the hands of the meet logical organization. but mike said that he thinks it will be retired because it also hits jamaica and eastern cuba. and so probably we won't see another sandy. i think that's okay too. >> i think that's enough. >> right. >>> all right, we'll start with a live look outside. this is our live weather...
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Nov 1, 2012
11/12
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MSNBCW
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and it's been coordinated, unlike some of what happened in katrina. and you heard, you know, governor christie, who's a republican, with president obama, working together. and that's how it's been, from the president to the governor, all the way down to the county and the towns. so one of the things that i did today, in fact, i was just on the phone before i came in here, was talk to fema about trying to get an office and a staff person in various parts of the district that i viewed today, and they're working on it. i also asked, with the money that comes to towns for recovery, like to rebuild their boardwalks or their municipal buildings if they've lost it or their streets, i think there's a 25% state and local match. so we've asked and i believe the governor asked today that that be waived. a lot of these towns are very small and they can't afford that 25% match. so there's a lot of cooperation going on. >> and when you're making those calls, somebody's answering your calls and you're getting responses? >> i literally called fema, when i walked into
and it's been coordinated, unlike some of what happened in katrina. and you heard, you know, governor christie, who's a republican, with president obama, working together. and that's how it's been, from the president to the governor, all the way down to the county and the towns. so one of the things that i did today, in fact, i was just on the phone before i came in here, was talk to fema about trying to get an office and a staff person in various parts of the district that i viewed today, and...
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Nov 2, 2012
11/12
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KPIX
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eye 123
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that's the second most expensive storm to hit the united states right behind katrina. at least 90 people confirmed dead. 4.5 million in 12 states are still without power tonight. sharon chin shows us how desperate many people have become. >> reporter: some of the subway lines are rolling again, but many people are finding recovery slow. they're out of gas, out of food, and out of patience. tensions flair on the road to new york city. >> i got no gas. >> stop it! >> step back. >> reporter: traffic jams and gas lines stretched for miles in a commute of chaos. >> get in front of me if it makes you happy. >> reporter: some stations ran out of fuel or power for pumps. aaa says only a third of the stations are open in new jersey and long island. crews are working to suck floodwater out of tunnels. some bridges opened up, but police are enforcing a three- person carpool to ease congestion. >> let's go! >> reporter: and more lines swell for buses, food and water. >> you got to be a little patient, because they're slowly trying to recover. >> reporter: millions of people in 11
that's the second most expensive storm to hit the united states right behind katrina. at least 90 people confirmed dead. 4.5 million in 12 states are still without power tonight. sharon chin shows us how desperate many people have become. >> reporter: some of the subway lines are rolling again, but many people are finding recovery slow. they're out of gas, out of food, and out of patience. tensions flair on the road to new york city. >> i got no gas. >> stop it! >> step...
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Nov 2, 2012
11/12
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KBCW
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history after hurricane katrina. the estimates are between $30 and $50 billion. that includes economic losses, property damage and lost business. 90 people are known to have died in the storm. that number could go up. 4.5million people in 12 states are still without power tonight. cbs 5 reporter sharon chin has more now. >> reporter: some of the subway lines are rolling again. many people are finding recovery slow. they're out of gas, out of food, and out of patience. tensions flair on the road to new york city. traffic jams and gas lines stretched for miles in a commute of chaos. >> get in front of me. >> reporter: some stations ran out of fuel or power for pumps. triple a says only a third of the stations are open in new jersey and long island. some bridges opened up but police are enforcing a three person car pool to ease congestion. and more lines swell for buses, food and water. >> they're slowly trying to recover. >> reporter: millions of people in 11 states are spending their fourth night in the dark, including seven families in this lower manhattan apartm
history after hurricane katrina. the estimates are between $30 and $50 billion. that includes economic losses, property damage and lost business. 90 people are known to have died in the storm. that number could go up. 4.5million people in 12 states are still without power tonight. cbs 5 reporter sharon chin has more now. >> reporter: some of the subway lines are rolling again. many people are finding recovery slow. they're out of gas, out of food, and out of patience. tensions flair on...
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, the formaldehyde ligand trailers purchased for katrina victims to live in. and now it is becoming more and more clear hurricane sandy may well banother example of the government blowing it. it's a staten island resident had a same complaints residents of new orleans had seven years ago. where is fema when we need them. other problems ththat liberal bureaucracy huggers like to ignore. according to a new analysis from the heritage foundation, fema dollars after all taxpayer dollars look more and more like a goody bag, honeypot for presidents to raise. think of them as a political porkbarrel spending agency because that is unfortunately what it has become. the disaster declarations are on the rise. reagan had 28 per year on average. under nine under bill clinton. obama, 153. he takes the cake. heritage foundation rates to put this in perspective in somewhere in america in 2011 disaster occurred every day and a half. so strong it required the intervention of the federal government because each of these disasters overwhelm the state and the local government. don'
, the formaldehyde ligand trailers purchased for katrina victims to live in. and now it is becoming more and more clear hurricane sandy may well banother example of the government blowing it. it's a staten island resident had a same complaints residents of new orleans had seven years ago. where is fema when we need them. other problems ththat liberal bureaucracy huggers like to ignore. according to a new analysis from the heritage foundation, fema dollars after all taxpayer dollars look more...
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bigger than katrina and maybe on par with september 11. not just gasoline, talking 20,000 canceled flights, that is incredible demand. if you loo look at the inventory demand, for diesel and jet fuel down 15% over a year ago levels, those numbers make it worse with this nor'easter coming in. 8% drop, that is a lot of girls of oil and gasoline sitting in the tank way to the bank. and we're also pricing and economic pain. get used to it. more years of obama means more concerned about the economy, higher taxes, higher taxes on ad energy companies, less production and right now the market says the negative for the economy always negative for oil prices if you're worried about going into a recession. david: coal prices down 30%, coal stocks are getting hit. liz: gasoline down more than $0.20 over the past couple of weeks so it is important to note that helps the consumer. david: wilbur ross says businesses should be aware of his second term for obama, so what are the biggest issues investors have to be worried about? chairman and ceo joining us
bigger than katrina and maybe on par with september 11. not just gasoline, talking 20,000 canceled flights, that is incredible demand. if you loo look at the inventory demand, for diesel and jet fuel down 15% over a year ago levels, those numbers make it worse with this nor'easter coming in. 8% drop, that is a lot of girls of oil and gasoline sitting in the tank way to the bank. and we're also pricing and economic pain. get used to it. more years of obama means more concerned about the economy,...
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and arguably, therefore, this created more housing and economic damage than katrina. >>> new jersey which suffered massive damage to its transit system and coastline estimates that it nearly has $30 billion in damage. >>> u.n. ambassador susan rice is heading to capitol hill today to meet with some of her toughest republican critics and answer questions about the september 11th attack on the u.s. consulate in benghazi. rice will sit down with senators john mccain, lindsey graham, and kelly ayotte. >> that should be fun. >> that could be really awkward. they all accuse her of misleading the country in her initial account of the attack. in recent days, senator mccain has softened his criticism, and rice insists that she was relying on talking points from the intelligence community. last night senator graham rejected her defense but says he's open to today's meeting. >> she asked to meet with us, and i will listen to what she has to say about her role in benghazi, but i can tell you this. the more i know about benghazi, the more upset i am that the consulate was even open on september 11th.
and arguably, therefore, this created more housing and economic damage than katrina. >>> new jersey which suffered massive damage to its transit system and coastline estimates that it nearly has $30 billion in damage. >>> u.n. ambassador susan rice is heading to capitol hill today to meet with some of her toughest republican critics and answer questions about the september 11th attack on the u.s. consulate in benghazi. rice will sit down with senators john mccain, lindsey...
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bush after katrina. but when obama called him he said yes because they were serious about professionalizing -- >> there's the door. >> two guys, governor bush and governor christie, both could run for flpresident in 2016, taking different approaches to the image they're putting forward in the last few days of the campaign. you know they both of them have been not totally sole on the notion that romney was going to win for most of the time. privately both -- >> is that what's happening? >> i think both of them are looking, to some extent, what comes next. i'm not saying they don't want governor romney to win this election but both skap ceptical his chances for a year and a half. governor christie, not taking anything away from -- i think he was genuinely star struck to be on marine one, but he needs to get re-elected. he has a tough re-election battle. you can't be on the wrong side of president obama in the disaster situation if you're going to win re-election in a blue state in a year from now when he h
bush after katrina. but when obama called him he said yes because they were serious about professionalizing -- >> there's the door. >> two guys, governor bush and governor christie, both could run for flpresident in 2016, taking different approaches to the image they're putting forward in the last few days of the campaign. you know they both of them have been not totally sole on the notion that romney was going to win for most of the time. privately both -- >> is that what's...
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we need to city of new york to realize that this is our katrina. >> the obama administration responded to complaints that fema was late on the scene and anountsed that the deputy administrator will be there tomorrow and fema wants everyone who needs assistance to call. when there's complaints, it's because they haven't been able to reach out. 1- 800-621-fema or disasterassistance.gov. >>> president obama was back on the trail. >> in new jersey yesterday and saw the devastation and you really get a sense of how difficult this is going to be for a lot of people. but you know, we've been inspired these past few days. because when disaster strikes, we see america at its best. the consumer in these times all seem to melt away. there are no democrats or republicans during the storm. just fellow americans. >> his response to the storm has earned him big praise. 78% approve of how he's dealt with the hurricane. images and headlines like this have helped, too, featuring chris christie of new jersey on a bipartisan storm damage tour together from wednesday. but not everyone's a fan of the federa
we need to city of new york to realize that this is our katrina. >> the obama administration responded to complaints that fema was late on the scene and anountsed that the deputy administrator will be there tomorrow and fema wants everyone who needs assistance to call. when there's complaints, it's because they haven't been able to reach out. 1- 800-621-fema or disasterassistance.gov. >>> president obama was back on the trail. >> in new jersey yesterday and saw the...
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first katrina tainted george bush's presidency. then isaac wiped out the first day of the republican national convention. now hurricane sandy. sandy, what kind of name is that? are you a dude storm or a lady storm? oh, big surprise, just when obama needs a boost, who shows up but a gender-ambiguous weather system, a category 5 by cure cane. (laughter) hey, hey, don't get me wrong, i don't mine you being a hemispheric scale meteorological event, but why must you be so flamboyant and in my face about it? (cheers and applause) no, i'm hurricane sandy, deal with me! now, make no mistake, folks, the hurricane agenda is to make the federal government look necessary! (laughter) well, mitt romney understands that disaster relief belongs only on the state level. as he explained when asked about his plans for fema during a primary debate. >> every time you have an occasion to take something from the federal government and send it back to the states, that's the right direction. and if you go even further and send it back to the private sector
first katrina tainted george bush's presidency. then isaac wiped out the first day of the republican national convention. now hurricane sandy. sandy, what kind of name is that? are you a dude storm or a lady storm? oh, big surprise, just when obama needs a boost, who shows up but a gender-ambiguous weather system, a category 5 by cure cane. (laughter) hey, hey, don't get me wrong, i don't mine you being a hemispheric scale meteorological event, but why must you be so flamboyant and in my face...
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by comparison, hurricane katrina cost $40 billion in damage. >>> getting cell phone reception could be easier. at&t and t mobile are agreeing to share networking to help those affected by the storm. it'll let people use whatever network they have. people won't have to pay or do anything. calls will connect through the network with the strongest significant tall signal. >>> and 20,000 flights canceled because of the storm so now the airlines are trying to get back on track. they are rebooking passenger ifs on new flights though some airports are still working to clear some of the floodwaters. they are deploying workers to answer the phones and help rebook or cancel tickets for up to two million travelers. >> we have a 4-year-old all fed up with all the talk. how she breaks down after listening to much of -- >>> and the behind the scene, revealing what you will see tonight on the cma awards. . >>> still watching sandy spin just to the north. she has changed hour weather pattern. before the weekend talking about temperatures in the 70s, little indian summer, that's gone now. storm this si
by comparison, hurricane katrina cost $40 billion in damage. >>> getting cell phone reception could be easier. at&t and t mobile are agreeing to share networking to help those affected by the storm. it'll let people use whatever network they have. people won't have to pay or do anything. calls will connect through the network with the strongest significant tall signal. >>> and 20,000 flights canceled because of the storm so now the airlines are trying to get back on track....